Unit 202, Canal Bay: what it sold for and what it is worth now

Unit 202 at Canal Bay is a 3 bed of 1,449 sq ft. It last sold for AED 3,050,000 on 2 Apr 2025. At AED 2,174 per sq ft, from 15 sales of units ending 02 (same position in the tower), it is worth about AED 3,150,000 today.

Value todayAED 3,150,000AED 3,105,000 to AED 3,155,000
Last saleAED 3,050,0002 Apr 2025 · Resale
Change since last sale+3.3%Building trend alone: AED 3,003,199
Rent (median asking, 3 bed)AED 205,000Gross yield 6.5%
Bedrooms3 bed
Size1,449 sq ft
Floor2 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingCanal Bay by NED Properties, handed over 2024
Registered sales of this unit1

Every registered sale of unit 202

DatePriceSizeAED/sq ftType
2 Apr 2025AED 3,050,0001,449 sq ft2,105Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
50230 Jan 2026AED 3,500,0001,449 sq ft2,415Resale
16028 Dec 2025AED 3,320,0001,449 sq ft2,291Resale
14023 Jul 2025AED 3,170,0001,449 sq ft2,188Resale
130212 Jun 2025AED 3,160,0001,449 sq ft2,181Resale
40230 Apr 2025AED 3,070,0001,449 sq ft2,119Resale
150221 Apr 2025AED 3,150,0001,449 sq ft2,174Resale
9022 Apr 2025AED 3,120,0001,449 sq ft2,153Resale
170228 Mar 2025AED 3,150,0001,449 sq ft2,174Resale

Latest 3 bed sales in Canal Bay

UnitDatePriceSizeAED/sq ftType
50230 Jan 2026AED 3,500,0001,449 sq ft2,415Resale
16028 Dec 2025AED 3,320,0001,449 sq ft2,291Resale
14023 Jul 2025AED 3,170,0001,449 sq ft2,188Resale
130212 Jun 2025AED 3,160,0001,449 sq ft2,181Resale
40230 Apr 2025AED 3,070,0001,449 sq ft2,119Resale
150221 Apr 2025AED 3,150,0001,449 sq ft2,174Resale
9022 Apr 2025AED 3,120,0001,449 sq ft2,153Resale
170228 Mar 2025AED 3,150,0001,449 sq ft2,174Resale

How we worked out the value

We took the 15 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,174). We multiplied it by the size of this unit (1,449 sq ft). The range uses the middle half of those sales (AED 2,143 to AED 2,177 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,003,199. Floor, view, condition and upgrades can move the price either way. Sales data to 17 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 202 at Canal Bay worth?

About AED 3,150,000 (range AED 3,105,000 to AED 3,155,000), based on AED 2,174 per sq ft from registered sales up to 17 Sep 2026.

When did unit 202 last sell?

2 Apr 2025, for AED 3,050,000 (resale). It has 1 registered sale.

What rent can unit 202 make?

A 3 bed in Canal Bay rents for about AED 205,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Canal BayAll sales in Canal Bay

Unit 201 · Unit 203